5721 7th Ave Los Angeles, CA 90043
Hyde Park Neighborhood
4
Beds
3
Baths
2,320
Sq Ft
6,079
Sq Ft Lot
Highlights
- 2 Car Garage
- Central Heating
- Gated Home
- Shed
About This Home
As of July 2025If you're looking to capitalize on a prime investment opportunity in one of South LA's most up-and-coming neighborhoods, this duplex in Park Hills Heights is a must-see. With its strong rental income potential, this property offers both stability and the chance for future growth. The duplex includes a spacious 3 bedroom 2 bathroom unit with a fireplace and washer and dryer. The upstairs unit is a 1 bedroom 1 bathroom unit with a washer and dryer that has been very well maintained for tenants or future owners. There is a long driveway and a covered two car garage. The backyard features a large shed with two separate units that can be used for storage or for future ADU conversion or development possibility. This property is perfectly situated in a neighborhood that's on the rise, with easy access to everything South LA has to offer. Its proximity to major attractions like USC, DTLA, Expo Park, Leimert Park, West Adams, and Jefferson Park, along with quick access to the 110 Freeway and Inglewood, makes it even more desirable.
Last Agent to Sell the Property
eXp Realty of Greater Los Angeles License #02011842 Listed on: 08/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,609
Year Built
- Built in 1923
Lot Details
- 6,079 Sq Ft Lot
- Lot Dimensions are 45x135
- Gated Home
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Driveway
Home Design
- Duplex
- Cosmetic Repairs Needed
- Slab Foundation
Interior Spaces
- 2,320 Sq Ft Home
- 2-Story Property
- Window Bars
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry in Kitchen
- Dryer
- Washer
Additional Features
- Shed
- Central Heating
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for gardener, gas, electricity, water
- Assessor Parcel Number 5006-021-018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2025
Closed on
Jun 24, 2025
Sold by
Teagan Cujo Lt & Friends Llc
Bought by
Cabrera Edgar Stuart and Cabrera Lilian Catalina
Seller's Agent
John Yakopich
The ONE Luxury Properties
Buyer's Agent
Jorge Rico
Rico and Rico Realty and Assoc
List Price
$864,900
Sold Price
$883,449
Premium/Discount to List
$18,549
2.14%
Views
62
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-96.76%
Original Mortgage
$706,720
Outstanding Balance
$706,720
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$37,499
Purchase Details
Closed on
Mar 20, 2025
Sold by
Deane Judy-Lynne Regina and Ravelo Orlando
Bought by
Teagan Cujo Lt & Friends Llc
Purchase Details
Listed on
Aug 29, 2024
Closed on
Dec 4, 2024
Sold by
Lona B Stitt-Phillips Revocable Trust and Stitt-Phillips Lona B
Bought by
Deane Judy-Lynne Regina and Ravelo Orlando
Seller's Agent
Nila McKnight
eXp Realty of Greater Los Angeles
Buyer's Agent
Orlando Ravelo
Real Broker
List Price
$799,000
Sold Price
$463,950
Premium/Discount to List
-$335,050
-41.93%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
122.76%
Original Mortgage
$440,752
Interest Rate
6.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 7, 2023
Sold by
Stitt Trust
Bought by
Lona B Stitt-Phillips Revocable Trust
Purchase Details
Closed on
Jun 20, 1996
Sold by
Phillips Lona
Bought by
Stitt Lona and Stitt Trust
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $883,500 | Fidelity National Title | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $464,000 | Lawyers Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $706,720 | New Conventional | |
| Previous Owner | $440,752 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $883,449 | +2.1% | $316 / Sq Ft |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $864,900 | +86.4% | $309 / Sq Ft |
| 12/17/2024 12/17/24 | Sold | $463,950 | -38.1% | $200 / Sq Ft |
| 10/09/2024 10/09/24 | Pending | -- | -- | -- |
| 10/01/2024 10/01/24 | Price Changed | $750,000 | -6.1% | $323 / Sq Ft |
| 08/29/2024 08/29/24 | For Sale | $799,000 | -- | $344 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,609 | $190,892 | $89,758 | $101,134 |
| 2023 | $2,567 | $187,150 | $87,999 | $99,151 |
| 2022 | $2,462 | $183,481 | $86,274 | $97,207 |
| 2021 | $2,416 | $179,884 | $84,583 | $95,301 |
| 2019 | $2,349 | $174,550 | $82,075 | $92,475 |
| 2018 | $2,236 | $171,128 | $80,466 | $90,662 |
| 2016 | $2,115 | $164,486 | $77,343 | $87,143 |
| 2015 | $2,086 | $162,017 | $76,182 | $85,835 |
| 2014 | $2,107 | $158,844 | $74,690 | $84,154 |
Source: Public Records
Agents Affiliated with this Home
-
John Yakopich
Seller's Agent in 2025
John Yakopich
The ONE Luxury Properties
(310) 428-4192
1 in this area
31 Total Sales
-
J
Buyer's Agent in 2025
Jorge Rico
Rico and Rico Realty and Assoc
-
Nila McKnight
Seller's Agent in 2024
Nila McKnight
eXp Realty of Greater Los Angeles
(818) 209-7174
1 in this area
14 Total Sales
-
Orlando Ravelo
Buyer's Agent in 2024
Orlando Ravelo
Real Broker
(310) 596-0882
1 in this area
35 Total Sales
-
Judy-Lynne Schreurs
Buyer Co-Listing Agent in 2024
Judy-Lynne Schreurs
Real Broker
(310) 429-1612
1 in this area
36 Total Sales
Map
Source: The MLS
MLS Number: 24-433465
APN: 5006-021-018
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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